Luxury Goods Will Go Up.

The New York Times recently ranked the price changes of some classic clothing items in 10 years. The top of the list was Louis Vuitton's Speedy package, which rose by 104%.

Next is Dior's Lady Dior package (73%) and Diane Von Furstenberg wrapped skirt (71%).

And the prices of goods that have fallen or remain basically unchanged are mostly popular basic items, such as underwear, T-shirts and jeans.

Luxury goods are becoming more and more expensive, while public clothing is approaching the bottom line of cost. The clothing industry is like a seesaw.

Verdict Research, a British retail consultancy, warned that as the price trend reversed in the past 12 years, the era of "clothes becoming cheaper and cheaper is coming to an end."

Luxury goods are becoming more and more expensive, while public clothing is approaching the bottom line of cost.

Since 1998, the price of Louis Vuitton entry bag Speedy has more than doubled to $685, so it is evident that the price of fashion luxury goods has soared in 10 years.

However, the Joe Boxer classic smiley face underwear has now dropped to $8.99, almost half of what it was 10 years ago.

The price of luxury goods has risen, and the popular brands are becoming cheaper and cheaper. This is the changing trend of the American Apparel Industry in the past 10 years.

Gasoline, food, education and health care costs are rising. For American consumers, the only bargain now is public wear.

In the past 10 years, the clothing consumption index has dropped by 10 percentage points. Even Americans who feel the financial pressure when they go to work and go to the supermarket on weekends have found some consolation in the fashion shop.

The price increase of luxury goods has exceeded the inflation rate, but the clothing industry of parity has shown a deflationary trend.

Now that you are walking on the thirty-fourth Avenue in Manhattan, you will feel that the economic outlook of the United States is wonderful.

People in their hands carry all kinds of shopping bags. Many people say that the shopping environment is much better now than they were 10 years ago, with more choices and cheaper prices.

There are two main factors leading to the fall in clothing prices: the cheap labor force in developing countries, and the increasingly fierce price competition between traditional retailers and discount stores.

Low price brand competition enables consumers to enjoy their lives.

A shopper survey conducted by WSL strategic retail consultancy last November showed that 60% of respondents had developed new consumption habits, that is, they would stop and reconsider before they pay for clothes.

"This is the most terrible thing that happens in the development of retail industry.

In 2000, people just went shopping crazily.

Now everyone is cautious. "

The chairman of the company, Candace Corlett, pointed out.

What worries the fashion and retail industry is that prices will go beyond material desires and become the decisive factor in promoting consumption.

"If a customer picks up a dress and asks," do I need it? "

We are finished.

Because what is produced in our industry is not what people really want. "

"We have been pushed to the bottom line of cost," says Bud Konheim, executive director of Nicole Miller.

However, at the top of fashion Pyramid, consumers are willing to be squeezed.

The New York Times ranked the price changes of some classic brands in 10 years (excluding 32% inflation rate), the top of the list was Louis Vuitton's Speedy package, and the price rose by 104%.

Next is Dior's Lady Dior package (73%) and Diane Von Furstenberg wrapped skirt (71%).

The prices of goods that have fallen or remain basically constant are mostly popular basic items, such as underwear and T-shirts.

Low prices breed "fast fashion" - clothes that are cheap enough to be thrown away several times, but now buyers should be careful: low prices may end and shopping will become more expensive.